Labor (workers) Total product (books sold per hour) 0 0 1 10 2 24 3 40 4 58 5 73 6 83 7 87 8 89 9 90 10 90 The above table shows the short-run total product schedule for the campus book store. When the book store hires the 3rd employee

Which of the following is true of efficient-market hypothesis?

Last year, Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What rate of return did Mike earn over the year?

Which of the following typically applies to common stock but not to preferred stock?

The average total cost curves for plants A, B, C and D are shown in the above figure. Which plant is best to use to produce 80 units per day?

If a corporate bond is issued with a coupon rate that varies directly with the required return, the price of the bond will ________.

  Quantity(coats per day) Total cost(dollars per coat) 7 1,410 8 1,640 9 1,910 10 2,210 11 2,560 The table above shows the total cost incurred by Sue’s Coat Shop, a perfectly competitive firm. If the market price of a coat is $285, Sue’s will maximize economic profit by selling ________ coats a day.

  Labor (workers per week) Output(units per week) 0 0 1 20 2 50 3 70 4 85 5 95 6 100 The table above gives a firm’s total product schedule. Suppose labor is the only variable factor of production. The price of labor is $500 per week and total fixed costs are $600 per week. If 95 units are produced, the average total cost is

Which of the following are types of economic markets?I. perfectly competitiveII. oligopolyIII. monopolyIV. multilateral

Which of the following adds value for shareholders?